Laurel, MD 20723,9726 BALTIMORE AVE
Laurel, MD 20723,9726 BALTIMORE AVE
Laurel, MD 20723,9726 BALTIMORE AVE
Laurel, MD 20723,9726 BALTIMORE AVE
Laurel, MD 20723,9726 BALTIMORE AVE
Laurel, MD 20723,9726 BALTIMORE AVE
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$165,000

$239,900

31.2%
Est.Price: ?

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Est. payment /mo

6.21 Acres Lot


SOLD DATE : 06/30/2020

Key Details

Sold Price $165,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision North Ridge

MLS Listing ID MDHW275324

Sold Date 06/30/20

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $2,256

Tax Year 2020

Lot Size 6.210 Acres

Acres 6.21

Property Description

WOW!!! ATTENTION ALL BUYERS!!! OWNER WILL FINANCE AT 0% APR!!!Looking to build your new home? How about building a home and having 6 acres of fully timbered privacy in a park like setting with a creek? If so, you re in the right place. Because the seller is offering these 6 never before incentives:1) The Seller is willing to owner finance the purchase price, and give you an interest rate of 0% for 18 months (depending on your down payment);2) In the market to build? Is your family expanding and you need a larger home? Use the equity in your current home and apply that for your down payment tax free & no payments EVER!! (Hint: it s not a refinance, it's not a HELOC, in fact, it s not even a loan!)3) Up to 6 months of NO PAYMENTS after closing (on a seller carry note);4) A Full marketable warranty deed title will be conveyed to Buyer on seller financing with NO liens!! Meaning the Buyer can use all the equity in the land to mitigate a construction/development loan with no down payment;5) For all mortgage buyers, the Seller will pay for a 1% interest rate buy-down (if elected);6) The seller is willing to pay ALL closing costs, including a buyers loan closing costs.For buyers seeking seller s financing, upon posting your down payment and signing a simple contract for deed, you can immediately take possession of the land, and a full marketable warranty deed will be conveyed. You must act fast, because the seller may withdraw these incentives at any time.As a summary, if you re looking to build, and if you have equity in your current home, you can apply your equity towards the seller s financing, with no payments for six months, and 0% interest for 18 months. In addition, you will be given a full marketable warranty deed with snow mortgage liens or security liens. In essence, you re exchanging a small portion of the equity in your current home, for $300,000+ in equity in this land. Now, getting a construction loan for your dream home will become a reality.6.22 Acres in Howard County with 4 feasible lots! This lot is Zoned R-SC, perfect for single-family structures or townhomes (including duplexes). This zoning type requires each lot to have 6,000 minimum square feet. The full feasibility site analysis was completed by Vogle Timmons Engineering in Ellicot City, and they have already assessed the footprint allowance for the 6.22 acre parcel including terrain, utility allowances, sidewalks, and a road. A full site plan is the next step needed to develop this parcel which would address the hydrology, storm drain placements, and other horizontal improvements if a Buyer wants to develop this land as a development. If the buyer wants to build one home (or as a family plot), that is also possible and likely easier/faster. The property has a creek runs through the center of the 6-acre parcel and Howard County requires a 75 setback from the creek. The remaining acreage is fully timbered and can serve as a privacy space, greenspace/walking trails, or can be designated as a conservation easement for tax purposes or be placed into the Conservation Reserve Program (CRP) which is a federal program that gives landowners an annual per-acre payment to take environmentally sensitive land out of development. The choice is up to the Buyer. This land is priced to MOVE QUICKLY so don't wait!

Location

State MD

County Howard

Zoning RSC

Exterior

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Garage N

Building

Sewer Public Hook/Up Avail

Water Public Hook-up Available

New Construction N

Schools

Elementary Schools Laurel Woods

Middle Schools Murray Hill

High Schools Reservoir

School District Howard County Public School System

Others

Tax ID 1406446604

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Charlotte Savoy • Keller Williams Integrity
Bought with Ian Shaw • Long & Foster Real Estate, Inc.
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